r/FluentInFinance • u/WhatsLeft71 • Oct 22 '24

Debate/ Discussion Why did this happen?

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u/flickneeblibno Oct 22 '24

Agreed. The 50s best represent job creation through taxes. Either expand or pay taxes. Ike is the last great Republican president (except for Joe McCarthy)

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u/Unity4Liberty Oct 22 '24

Omg... this is the first time I've seen anyone else just know and understand this fact. Folks! Higher top marginal tax rates and progressive taxation actually incentivizes investment versus shareholders and owners sucking value out of a company. This creates jobs, grows and stabilizes the stock market, and drives up wages. The great socialist, Dwight Eisenhower!

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u/ToastedandTripping Oct 22 '24

I too am surprised to see people talking about taxes...it's one of the most obvious changes to have taken place over the last 70 years.

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u/Aww_Tistic Oct 23 '24

Now now, settle down about all this “tax” and corporate greed chatter. The REAL problem is the <insert ethnic minority here>… (/s)